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Climate change: Don’t raid home insulation scheme, MPs urge ministers

Climate change: Don’t raid home insulation scheme, MPs urge ministers

Science
Getty ImagesMPs are complaining that the Treasury is set to claw back money from a mismanaged government scheme to help people insulate their homes.The Green Homes Grant scheme is in such chaos that a huge majority of its £1.5bn budget for this year is unspent. The government has said it will pocket that money, rather than rolling it over to next year’s £320m fund.But the Environmental Audit Committee says that would be a “deeply retrograde step”.Conservative MP Philip Dunne, who chairs the committee, told the BBC: “We need a long-term commitment to helping people insulate their homes – at the very least until the end of this Parliament.“We (Conservatives) promised £9.2bn for energy efficiency in our manifesto – and we have to deliver that or we won’t reach our climate change targets.”The ...
I-T reaches out to individuals, firms as the Vivaad Se Vishwas scheme (VSVS) deadline nears

I-T reaches out to individuals, firms as the Vivaad Se Vishwas scheme (VSVS) deadline nears

Finance
NEW DELHI: With less than two weeks to go before the Vivaad Se Vishwas scheme ends, Income Tax officials across the country are reaching out to individuals as well as corporates — via phone calls, emails and letters — to persuade those taxpayers still in litigation with the department to avail of the direct tax dispute settlement scheme. Assessing officers have identified cases where the I-T department has filed appeals in courts for settlement and in cases where the interest component is high, in order to reach out to the assessees on time. “Reaching out to key litigants and our counterparts where we are in litigation is the key strategy for us, so that they can pay up 50% and withdraw,” said an official. This means cases where the department had challenged orders in the tax tribunal or H...
Job support scheme puts close to one million roles at risk, Labour says

Job support scheme puts close to one million roles at risk, Labour says

Business
The expansion of the government's job support scheme will put close to one million roles at risk and is like throwing whole sections of the economy on the "scrapheap", Labour has said.The shadow business secretary, Ed Miliband, also said fewer than one in 15 jobs in shut-down businesses stand to benefit from the move. Mr Miliband added that workers in sectors such as weddings, cinemas and events and conferences, which are not "legally closed" but have been forced to "shut in all but name", will not enjoy protections from the programme.The government has announced employees off work for more than seven consecutive days because their workplace was legally required to close due to local or national restrictions will get two-thirds of their salaries covered, up to £2,100 per month.The scheme w...
Chancellor defends Eat Out To Help Out scheme in face of UK’s second coronavirus wave

Chancellor defends Eat Out To Help Out scheme in face of UK’s second coronavirus wave

Business
Chancellor Rishi Sunak has defended encouraging people back to pubs and restaurants over the summer, prior to the government being forced to take fresh action to limit the spread of coronavirus.Mr Sunak's "Eat Out To Help Out" scheme handed Britons discounted meals during August, as ministers attempted to restart the economy after the UK's lockdown. Pubs, bars and restaurants - along with the rest of the hospitality industry - have since been handed a 10pm curfew as the government attempts to deal with a second wave of COVID-19 infections.Live coverage of the latest coronavirus news and updates Image: Rishi Sunak defended his Eat Out To Help Out scheme At the weekend, Prime Minister Boris Johnson hailed the meals discount programme fo...
Rishi Sunak defends emergency jobs scheme

Rishi Sunak defends emergency jobs scheme

Business
Media playback is unsupported on your device Chancellor Rishi Sunak has said it is "impossible" to predict how many jobs the government's new wage subsidy scheme will save. The scheme, set to replace furlough, will see the government top up the pay of people unable to work full time.It aims to stop mass job cuts after the government introduced new measures to tackle a rise in coronavirus cases.Mr Sunak said he hoped the plan would "benefit large numbers", but he could not say what job is "viable or not".Under the Job Support Scheme, if bosses bring back workers part time, the government will help top up their wages with employers to at least three-quarters of their full-time pay. It will begin on 1 November and last for six months. How will th...